UPSC 2026 Question
The artificially fixed rupee-sterling exchange rate prescribed by the Hilton-Young Commission (1926) was adopted by the British Government for which one of the following reasons?
- A. Aiding the flow of remittances from India and maintaining India's creditworthiness
- B. Providing support to Indian importers
- C. Encouraging export of cotton produce from India
- D. Preventing depreciation of the Rupee in terms of gold
Correct Answer: Option A
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